Is Wray, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wray is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Wray was a Buyer's Market.

Key Takeaway

Wray is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Wray, CO

How much do homes in Wray, CO cost?

Median Sold Price

$305,000

$117/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$60,000(+24.5%)

Key Takeaway

Homes in Wray have sold for 24.5% more than they did a month ago.

Summary: The median home sold price in Wray was $305,000 in November 2024, up 24.5% from last month, and the median price per square foot was $117.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $245K$212K
-13.5%
4 --
N/A
5+ -$305K
N/A

Summary: Wray housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 13.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Wray, CO

How many homes are available in Wray, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
109-10.0%

Summary: The Wray real estate market had 9 homes for sale in November 2024, a 10.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 76
-14.3%
4 11
0.0%
5+ 11
0.0%

Summary: The Wray housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wray, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Wray in November 2024, up by 200.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Wray, CO

How long does it take to sell a home in Wray, CO?

Average Sale Time

Oct 2024Nov 2024CHANGE
86 Days111 Days+29.1%

Summary: Homes in Wray had an average of 111 days on market in Nov 2024, up by 29.1% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Wray are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 3 homes were sold in Wray; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

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